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Equity Actions

EADSY

Airbus SE has signed a pact with DG Fuels, LLC, a provider of sustainable aviation fuel (SAF). The partnership aims to support DG Fuels' goal of launching the equity process and reaching a final investment decision on building its first SAF plant in the U.S. by early 2024. The plant is expected to have an initial production capacity of 120 million US gallons of SAF per year, potentially saving approximately 1.5 million tonnes of CO2 emissions annually from 2026.

Portfolio Pulse from Nabaparna Bhattacharya

September 12, 2023 | 3:47 pm

CRM

GOOG

MSFT

Salesforce announced the next evolution of its AI technology, Einstein, which now includes a generative AI tool set to reshape its suite of apps, including Slack and Tableau. The new Einstein Copilot is designed to function as a conversational AI assistant, integrated within every Salesforce application. The move is expected to increase user productivity by facilitating interactions through natural language queries and generating responses based on proprietary company data. The AI tool will draw from a wide range of data, including customer information, enterprise content, and Slack conversations.

Portfolio Pulse from AJ Fabino

September 12, 2023 | 3:31 pm

OFIX

Orthofix International N.V. (OFIX) announced changes in its top management, with both the CEO and CFO positions being replaced. This news has led to a decrease in the company's share price.

Portfolio Pulse from Bill Haddad

September 12, 2023 | 3:13 pm

SKIN

BeautyHealth announced a streamlining and transformation program aimed at generating cost savings. The company also announced a $100 million buyback authorization, which has led to an increase in its share price.

Portfolio Pulse from Bill Haddad

September 12, 2023 | 3:01 pm

SPY

The article provides a link to the Barclay's Global Financial Services Conference event. The SPY ETF may be mentioned during the conference.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 3:01 pm

VTRO

Vitro Biopharma, Inc (NASDAQ:VTRO) is set to start trading on the NASDAQ exchange under the ticker VTRO on September 13. The company is offering shares at an expected price between $5.00 and $6.00 per share with an insider lock-up period of 180 days ending on March 11, 2024. Vitro Biopharma is a biotechnology company targeting autoimmune diseases and inflammatory disorders.

Portfolio Pulse from Benzinga Insights

September 12, 2023 | 3:00 pm

DTCK

Davis Commodities Limited (NYSE:DTCK) is set to IPO on September 13, with shares expected to be priced between $4.00 and $4.50. The company, an agricultural commodity trading firm based in Singapore, will have an insider lock-up period of 180 days ending on March 11, 2024.

Portfolio Pulse from Benzinga Insights

September 12, 2023 | 3:00 pm

CRNX

Crinetics Pharmaceuticals, Inc. (NASDAQ:CRNX) shares are trading higher after the company announced positive results from its Phase 3 PATHFNDR-1 study of investigational compound paltusotine. The company also announced a $250 million public offering of its common stock, with an additional $37.5 million option for underwriters. The proceeds will be used to fund the development of paltusotine and other R&D programs.

Portfolio Pulse from Erica Kollmann

September 12, 2023 | 2:56 pm

PNC

PNC Financial's CEO has stated that the company is likely to be at the lower end of the net interest income guidance of 3% to 4% for Q3. The company's IPO pipeline is robust and they are focused on keeping expense growth low, working on a structural program for it.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 2:53 pm

TNON

Tenon Medical Inc (NASDAQ:TNON) has withdrawn its proposed public offering of common stock, leading to a 57% increase in its share price to $0.23. The decision was made to achieve the best value for stockholders, as the company believed the value of the company would not have been properly reflected in the proposed offering.

Portfolio Pulse from Henry Khederian

September 12, 2023 | 2:46 pm